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Thursday, February 2, 2012

Community 1st Bank Reports Results for the Quarter and Year Ended December 31, 2011

Community 1st Bank (OTCBB:CFBN), with $182.6 million in assets, today reported a loss of $1.3 million for the quarter ended December 31, 2011 resulting in a loss of $2.5 million for the year ended December 31, 2011. Robert C. Haydon commented, "Upon assuming the President and CEO position in mid-October, it quickly became clear that 'change' was required. Fourth quarter and year-end results reflect my determination to aggressively address non-performing assets and other 'roadblocks' to acco...continued
     

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